Commercial Licence in Dubai
A Commercial License is essential for businesses engaged in trading activities within Dubai, allowing you to legally buy, sell and distribute goods or services. Dubai’s strategic location, low tax environment and robust infrastructure make it an ideal place to establish your trading business. SmartBizSetup offers end-to-end assistance in obtaining your Commercial License, ensuring that your business complies with all legal requirements.
Benefits of a Commercial Licence
A Manufacturing Licence is mandatory for businesses producing goods in Dubai’s industrial zones. It provides the legal framework necessary for:
- Engage in Multiple Activities: Conduct up to ten related business activities under one licence.
- Secure Business Operations: Gain legal authorisation to operate, enhancing credibility and trust.
- Access to Corporate Banking: Open corporate bank accounts in Dubai.
- Tax Advantages: Benefit from no corporate or income taxes.
- Simplified Financial Reporting: Enjoy streamlined financial requirements and processes.
- Easy Renewals: A hassle-free renewal process for continued business operations.
How to Apply for a Commercial License in Dubai?
- Select a Legal Structure: Based on your business needs and goals, choose the appropriate legal structure for your business, such as an LLC, Sole Proprietorship, or Civil Company.
- Choose Your Business Activity: Clearly define and select the business activities you wish to conduct. Ensure that your chosen activities align with the commercial licence requirements.
- Choose a Trade Name: You can select up to three trade names that align with your business activities, ensuring they comply with the guidelines set by the Department of Economic Development (DED).
- Gather Required Documents: Prepare essential documents, including your business plan, passport copies, tenancy contract and Memorandum of Association (MOA).
- Submit Application and Pay Fees: Submit your application to the DED with the required fees. Dubai also offers an Instant License option for expedited processing.
- Receive Your Licence: Upon approval, your commercial licence will be issued, allowing you to start your business operations in Dubai.
Documents Required for Application
- Application Form: Completed with the company name in both English and Arabic.
- Lease Contract: Original lease contract for your business premises.
- Memorandum of Association (MOA): With partners or sponsors.
- Office Space Permit: Issued by Dubai Municipality’s Building Department.
- Fee Payment Receipt: Proof of payment for the application and processing fees.
Renewing Your Commercial Licence
Commercial licences are typically valid for one year. To renew, ensure you have:
- Original Trade License Copy: Your current licence.
- Lease Contract Copy: Updated contract for your business premises.
- Approval from Authorities: Necessary approvals from relevant departments.
- Employee Accommodation Details: For businesses with foreign shareholders.
Why Choose SmartBizSetup?
Offshore companies in Dubai offer several compelling advantages:
We guide you through every step of the licence application and renewal process, ensuring compliance and efficiency
From document preparation to office space setup, we manage all aspects of business formation.
Our consultants are available to assist with any questions or challenges and provide tailored solutions for your business needs.
Ready to start your business in Dubai?
Contact SmartBizSetup today to secure your Commercial License and take advantage of Dubai’s thriving business environment.